Research Article
Blockchain for IoT: A Critical Analysis Concerning Performance and Scalability
@INPROCEEDINGS{10.1007/978-3-030-91424-0_4, author={Ziaur Rahman and Xun Yi and Ibrahim Khalil and Andrei Kelarev}, title={Blockchain for IoT: A Critical Analysis Concerning Performance and Scalability}, proceedings={Quality, Reliability, Security and Robustness in Heterogeneous Systems. 17th EAI International Conference, QShine 2021, Virtual Event, November 29--30, 2021, Proceedings}, proceedings_a={QSHINE}, year={2021}, month={11}, keywords={Distributed ledger Public consensus Blockchain}, doi={10.1007/978-3-030-91424-0_4} }- Ziaur Rahman
Xun Yi
Ibrahim Khalil
Andrei Kelarev
Year: 2021
Blockchain for IoT: A Critical Analysis Concerning Performance and Scalability
QSHINE
Springer
DOI: 10.1007/978-3-030-91424-0_4
Abstract
The world has been experiencing a mind-blowing expansion of blockchain technology since it was first introduced as an emerging means of cryptocurrency called bitcoin. Currently, it has been regarded as a pervasive frame of reference across almost all research domains, ranging from virtual cash to agriculture or even supply-chain to the Internet of Things. The ability to have a self-administering register with legitimate immutability makes blockchain appealing for the Internet of Things (IoT). As billions of IoT devices are now online in distributed fashion, the huge challenges and questions require to addressed in pursuit of urgently needed solutions. The present paper has been motivated by the aim of facilitating such efforts. The contribution of this work is to figure out those trade-offs the IoT ecosystem usually encounters because of the wrong choice of blockchain technology. Unlike a survey or review, the critical findings of this paper target sorting out specific security challenges of blockchain-IoT Infrastructure. The contribution includes how to direct developers and researchers in this domain to pick out the unblemished combinations of Blockchain enabled IoT applications. In addition, the paper promises to bring a deep insight on Ethereum, Hyperledger blockchain and IOTA technology to show their limitations and prospects in terms of performance and scalability.
